Branches in central and eastern Kentucky now show a new name
LEXINGTON, Ky. (Aug. 23, 2021) – The sign on the door has changed, but Kentucky Bank customers will see the same smiling faces when they visit their hometown branch location – now part of Stock Yards Bank and Trust. Kentucky Bank branches in central and eastern Kentucky have been transitioned into the Stock Yards Bank brand after merging with the Kentucky-based financial institution earlier this year.
“The shared values and commitment to premier customer service are a recipe for success with a transition like this,” said Stock Yards Bank chairman and CEO James A. (Ja) Hillebrand. “Kentucky Bank customers will benefit from having a hometown bank that is proactive about building strength for the future and expanding its footprint while keeping its commitments to supporting every community it touches.”
Stock Yards Bank announced the merger with Kentucky Bank & Trust, based in Paris, Kentucky, in January 2021. The combined community banks will offer significant banking services across all existing locations including banks in Paris, Cynthiana, Georgetown, Lexington, Morehead, Nicholasville, Richmond, Sandy Hook, Versailles, Wilmore and Winchester.
With the recent announcement of its acquisition of Louisville-based Commonwealth Bank & Trust, Stock Yards Bank extends its footprint even further across the state adding locations in Jefferson and Shelby counties as well as northern Kentucky. Once combined, the merged banks will service customers through 79 branches with total assets of approximately $7.4 billion, $4.9 billion in gross loans, $6.4 billion in deposits and $7 billion in trust assets under management.
“Change is never easy, but I am confident that Kentucky Bank customers will enjoy moving into the Stock Yards Bank family. They can trust that I will continue to be involved to make this transition as seamless as possible,” said former Kentucky Bank President and CEO Louis Prichard, who joins Stock Yards Bank as Central Kentucky Market President. “This is still a Kentucky-based bank run by Kentuckians who have the interests and values of their communities top of mind when making decisions.”
Former Kentucky Bank customers will see enhanced services at their now Stock Yards Bank branded bank locations. By joining the Stock Yards Bank family, customers have access to additional wealth management, treasury management, technology, and financial services offerings in-person and online.
All signage at 19 Kentucky Bank branches were changed to show the new Stock Yards Bank name over the weekend. Customers have been contacted to outline any changing processes and tools to access banking services. Stock Yards Bank recently launched a new website with expanded digital offerings that will be available to all new and existing customers.